PainChek General Discussion, page-20406

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barker777

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17/11/23

12:23

Post #: 70961311
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Originally posted by kenjikool: ↑

I do sometimes wonder the mentality of Australian investors. We love a hole in the ground, don't we? We love the idea of a great start up that's going to make us rich, the idea of it anyone.

We'll throw millions of dollars at a lithium company that showed good drilling results and sit the cash there even though we know that it will be another 5 years before anything actually comes out of the ground!

We'll throw millions at a company that's going to cure cancer, but even though there are trials going on, the likelihood that it will actually work, or that anything will go to market for another 10 years minimum we still give it a MC of $100-500 Million!

Then you look at Painchek. It's gone through the process, proven to be the best practice in multiple countries and is now starting to really gain traction worldwide, but the Aussie investor is only happy for it to be valued at a MC of $70 Million. So many great news stories have happened, so many happy and satisfied customers and families. So many good news stories to come and the biggest snowballing growth the company has ever seen, but still we're struggling to climb over $100 mill MC?

We'll here's hoping that the 4c is great $700k-800k minimum and the baby app news flows before 2024. I'm quietly hoping for $1 mill for the qtr. The fact that the trial in Scotland could open the way to 35k funded beds is crazy. But I suppose it's not a hole in the ground with something shiny at the bottom of it that may or may not be one day dug out...... We'll get there, NO IF, BUT SOON!

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yep bang on man.. we do love the hole in the ground.. except most of us don't realise that technology will stop you from digging the 6ft hole earlier than expected!

PCK Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
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